JLL Inks 22 KSF Leases in Fort Lauderdale
- Apr 21, 2017
JLL has closed a lease renewal with long-time tenant TD Bank and a new lease with Allied Integrated Marketing at Cypress Financial Center, a 198,525-square-foot, Class A office building in Fort Lauderdale, Fla. Sandra Andersen, senior vice president at JLL, represented landlord Steelbridge Capital in both transactions, totaling 22,000 square feet.
TD Bank renewed its 16,675-square-foot lease with the representation of a CBRE team led by Vice President Mathew Saker, alongside Vice President John Jaspert and Transaction Manager Caroline Barone. Allied Integrated Marketing was represented by Senior Vice President Bob Orban and Associate Tyler Wyant of Savills Studley. The new tenant signed a lease consisting of 5,325 square feet and will occupy the eight floor of the building. Allied Integrated Marketing is a full-service agency with 22 offices working with entertainment, culture and lifestyle brands.
Cypress Financial Center is located at 5900 North Andrews Ave. at the intersection of I-95 and Cypress Creek Road, which makes its prominent visibility attractive to tenants, especially financial institutions. Additionally, the property is the only office complex in South Florida with a direct ramp to I-95.
“Cypress Financial Center is situated at the geographic center of South Florida, making it the most accessible location to the region’s six million residents, an attractive factor for companies seeking office space,” said JLL’s Sandra Andersen in a prepared statement. “The property underwent extensive renovations last year, which has contributed to attracting and retaining top-quality tenants who are seeking an office location with high-end finishes and downtown prestige in a convenient uptown location,” Andersen added.
According to Yardi Matrix, Cypress Financial Center underwent renovations in 2015, such as lobby and common area upgrades, a complete tower and garage elevator modernization, exterior painting, new landscaping and exterior lighting replacement. Amenities include on-site management, security, free structured parking and an on-site café.
Image courtesy of Yardi Matrix